EIN 61-6037533

The Educational Foundation of the Kentucky Society of Cpas

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1961
Most recent tax filings
2024-06-01
Description
Kentucky Society of CPAs' Foundation provides accounting education, scholarships for college students, and supports CPA firms at Junior Achievement BizTown.
Related structure
The Educational Foundation of the Kentucky Society of Cpas is a subordinate organization under Kentucky Society of Certified Public Accountants.
Also known as...
The Educational Foundation of of the Society of Cpas; Kentucky Society of Cpa's Educational Foundation
Total revenues
$264,194
2024
Total expenses
$84,861
2024
Total assets
$2,195,808
2024
Num. employees
0
2024

Program areas at The Educational Foundation of the Kentucky Society of Cpas

The Foundation supports a cpa firm at junior achievement biztown in louisville and in lexington. Ja biztown combines in-class learning with hands on learning at biztown. Through The efforts of The Foundation, ja now includes a cpa in each of The other store fronts at biztown. These efforts expose approximately 28,000 5th graders each year to The accounting profession.the Foundation provides scholarships to college students who are pursuing a degree in accounting. These scholarships are awarded after a comprehensive application process and review. During The 2022-23 fiscal year, The Foundation awarded 52 scholarships for a total of $60,500. The Foundation currently has 28 named scholarships which require a $50,000 pledge. Extensive fundraising efforts allow The Foundation to support The cpa firm at both The louisville and lexington biztowns and provide The scholarships. We have been successful because of The overwhelming support from The cpa community. Their contributions have allowed The Foundation to continue programs at The grade school, high school and college level. We understand that everyone including public practice firms and industry are dealing with The issue of a shortage in talent. Our goal is to create a pipeline of talented Cpas. The continued viability and sustainability of many organizatons is dependent upon The development of this pipeline.

Who funds The Educational Foundation of the Kentucky Society of Cpas

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
AmazonSmile FoundationGeneral Support$12

Personnel at The Educational Foundation of the Kentucky Society of Cpas

NameTitleCompensation
Darlene ZibartChief Executive Officer$0
Robin G TeetersChair$0
Eric ScottChair / Trustee$0
Jaclyn BadeauChairperson$0
Wes OmohundroPast Chair / Past Chair / Chair / Trustee$0
...and 2 more key personnel

Financials for The Educational Foundation of the Kentucky Society of Cpas

RevenuesFYE 06/2024
Total grants, contributions, etc.$159,835
Program services$0
Investment income and dividends$29,770
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$77,842
Net income from fundraising events$-3,277
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$24
Total revenues$264,194

Form 990s for The Educational Foundation of the Kentucky Society of Cpas

Fiscal year endingDate received by IRSFormPDF link
2024-062024-10-23990View PDF
2023-062023-11-10990View PDF
2022-062022-11-10990View PDF
2021-062021-11-11990View PDF
2020-062021-03-01990View PDF
...and 10 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 21, 2024
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 7, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Civic / social organizationsBusiness and community development organizationsCommunity service nonprofitsChapter / child organizationsCharities
Issues
EducationCommunity improvement
Characteristics
Fundraising eventsState / local levelProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1735 Alliant Ave
Louisville, KY 40299
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Phone
(502) 266-5272
IRS details
EIN
61-6037533
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S80: Community Service Clubs
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Subordinate organization
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